How to structure a sign-on bonus

  • Bobbie Sheff
  • Payroll / HR Manager
  • Bobbie_Sheff
  • updated 6 yrs ago

Good morning. Does anyone have a template or best practices that they use when recruiting a team member with a sign-on bonus? $500 after 90 days, $1,000 after 1 year, etc.?

Curious to know about the repayment terms when employment separation occurs before the completion of bonus? Can partial repayment be required, if agreed to in writing before hand?

Thanks for any input - Bobbie

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